Understanding Capital Markets Disputes: An In-Depth Analysis

Capital Markets Disputes

As we delve into the dynamic landscape of the UAE’s corporate world in 2023, it becomes evident that businesses are operating in an increasingly complex and interconnected global market. Amidst this backdrop, capital market disputes have emerged as a crucial challenge that can impact the very foundation of organizations. As a corporate and commercial lawyer with extensive expertise in this domain, my aim is to shed light on this topic and provide valuable insights to empower business leaders.

The Impact of Capital Markets Disputes in Businesses.

Capital market disputes encompass a wide range of issues, including regulatory violations, breach of contracts, securities fraud, and shareholder disputes. Such conflicts can severely hinder an organization’s growth, reputation, and financial stability. Businesses may find themselves embroiled in lengthy legal battles, which can drain resources and divert focus from core operations. Moreover, disputes in capital markets can lead to investor skepticism, affecting investor confidence and potential funding opportunities.

Navigating Disputes: Litigation or Arbitration.

Given the complexity of capital market disputes, choosing the right method of resolution is crucial. Two primary avenues available are arbitration and litigation. While both have their merits, arbitration is often favored due to its confidentiality, flexibility, and specialized expertise. As an experienced arbitrator myself, I have witnessed firsthand how this process can lead to swifter resolutions, allowing businesses to mitigate damages and move forward. However, each case is unique, and the decision to pursue arbitration or litigation should be carefully evaluated with the guidance of legal counsel.

The Role of Thought Leadership in Resolution Strategies.

In my journey as a corporate and commercial lawyer, I have found that promoting thought leadership can be a catalyst for effective dispute resolution. Business leaders should seek to collaborate with legal experts who possess in-depth knowledge of capital market intricacies. By engaging in open discussions and exploring potential solutions together, a harmonious environment for conflict resolution can be fostered.

The Power of Prevention: Proactive Strategies for Businesses.

Preventing capital market disputes should be a top priority for business leaders. Implementing robust compliance programs, conducting regular internal audits, and adhering to regulatory best practices are vital steps in reducing the likelihood of disputes arising. When disputes do occur, the presence of clearly drafted contracts and agreements can provide a solid foundation for resolution. As a legal consultant, I have often advised businesses on proactive measures to safeguard their interests and minimize exposure to potential disputes.

An Ecosystem of Growth: Collaborative Approaches.

In the UAE’s vibrant business landscape, fostering an ecosystem of growth and collaboration is essential. Businesses can seek to resolve disputes amicably through mediation and negotiation, avoiding the adversarial nature of legal battles. Emphasizing open communication and maintaining positive relationships with all stakeholders can significantly contribute to preventing and resolving disputes.

Conclusion.

As we navigate the complexities of capital market disputes in 2023, it is crucial for business leaders to stay informed and proactive. By understanding the impact of disputes, considering effective resolution strategies, and promoting thought leadership, organizations can thrive in a challenging environment. As an experienced legal professional with extensive expertise in capital markets, I remain committed to empowering businesses with actionable insights and contributing to the growth of the UAE’s corporate landscape.

To explore how our expertise can fuel your organization’s success, contact our dedicated team at +97144221944 ext. 720 or +971 55 763 0405, or connect with us via email at reception@alsafarpartners.com. To learn more about our track record and comprehensive range of services, visit www.alsafarpartners.com

As you consider the insights shared in this article, kindly note that it is for informational purposes only and should not be construed as legal advice. At Al Safar & Partners, our mission is to empower your business by providing tailored solutions to overcome capital market disputes in the UAE. Let’s collaborate to drive your business towards greater heights of success!

مفهوم الخطأ الطبي وعقوبته الجنائية في القانون الإماراتي

مفهوم الخطأ الطبي وعقوبته الجنائية في القانون الإماراتي

الخطأ الطبي هو الخطأ الذي يرتكبه الطبيب أو التمريض أو أحد العاملين في المجال الطبي، ويطلق عادة على الحوادث السريرية التي تحدث للمرضى، سواءً في غرفة العمليات أم في أثناء العلاج أم في أثناء التشخيص.

وفي عام 2019م أضاف القانون الإماراتي تعريفًا بالخطأ الطبي الجسيم ضمن قرار مجلس الوزراء رقم (40) وقد أوضحت المادة (5) من مواد لائحة الأخطاء الطبية أن الخطأ الطبي الخطر هو الذي يؤدي إلى وفاة المريض أو الجنين أو استئصال عضو سليم بالخطأ أو إفقاد العضو لوظيفته، أو تعاطي الطبيب للمخدرات أو الكحول في أثناء عمله أو الإهمال الشديد كتخدير المريض بجرعة زيادة من المخدر ونسيان أدوات طبية داخل جسد المريض.

صنف القانون الإماراتي الخطأ الطبي إلى صنفين:

  1. الخطأ الطبي كضرر:

وهو الخطأ اليسير الذي يحدث ألمًا بسيطًا للمريض أو مضاعفات يستطيع الطب حلها، نتيجة خطأ في التشخيص أو إهمال الطبيب مراجعة حالة مرضاه.

وقد يكون الخطأ الطبي كبيرًا يؤدي إلى عجز المريض أو فقدانه عضو أو حاسة وربما وفاته.

  1. الخطأ الطبي كجريمة مهنية:

الجرائم المهنية هي التي تتم داخل بيئة العمل وعادة ما ترتبط بالأموال والرسوم والنصب والرشاوي واستغلال المرضى وإجراء العمليات الجراحية غير الضرورية (يكثر هذا الأمر في جراحات التجميل) ومع الأسف نلاحظ انجراف بعض الأطباء والعاملين في القطاع الطبي إلى مثل هذه الأفعال غير الأخلاقية، لكن القانون يحارب هذه الجرائم المهنية ويفرض عقوبات بالغة وتعويضات على الخطأ الطبي لكن بشروط وهذا محور مقال شروط التعويض عن الخطأ الطبي في الإمارات.

دور لجنة المسؤولية الطبية في الإمارات

تأتي لجنة المسؤولية الطبية من خارج المستشفى الذي وقع به الخطأ وتحلل ما حدث، فتفحص المريض فحصًا دقيقًا، وفي حالة وفاة المريض يكون الكلام مع أهله وورثته ويحصلون على التعويض المناسب وفقًا لشروط التعويض عن الخطأ الطبي في الإمارات.

ويمكننا تحديد اختصاص لجنة المسؤولية الطبية فيما يلي:

  • النظر إلى الشكاوى التي وصلت إليها عن طريق النيابة أو من أشخاص عاديين.
  • تحديد حجم الخطأ الطبي المرتكب وهل هو جسيم أم يسير.
  • تحديد المسؤول عن حدوث الخطأ الطبي.
  • التأكد من ترخيص مزاولة المهنة الطبية الممنوح للطبيب.

تعد عقوبة الخطأ الطبي في الإمارات منصوص عليها بنص القانون وتتراوح بين الغرامة والحبس تبعًا لطبيعة الخطأ الحادث، وهناك عدة أمور يستند إليها قبل فرض عقوبة التعويض على الطبيب المعالج وهي:

  • تحديد النسبة المئوية عند حدوث عجز أو تلف لأحد الأعضاء.
  • حجم الضرر المعنوي.
  • هل الخطأ تسبب في بتر أحد الأعضاء أو عجزها؟
  • التأكد من أن الخطأ حدث نتيجة خطأ في أثناء الجراحة أو الإجراء الطبي أم بسبب شيء آخر خارج الأمر الطبي؟
  • الوفاة.
  • الإجهاض والمضاعفات الخطرة.

عقوبة الخطأ الطبي في الإمارات

– سطر قانون المسؤلية الطبية رقم ( 4 ) لسنة 2016  العقوبات الجنائية المتعلقة بالخطا الطبي بنوعية ، ومن هذة المواد 

  • تنص المادة (32) “ يعاقب بالغرامة التي لا تقل عن (10.000) عشرة الاف درهم ولا تزيد علي (100.000 ) مائة الاف درهم كل من يخالف حكم المادة (5) البندين رقمي 2 و 10  من هذا المرسوم بقانون ما لم يترتب علي المخالفة المساس بسلامة جسم المريض”
  • وكذلك تنص المادة (34) “يعاقب بالحبس مدة لا تذيد علي سنة والغرامة التي لا تجاوز مائتي الف درهم او باحدي هاتين العقوبتين كل من ثبت ارتكابه خطا طبيا جسيما علي النحو الوارد في هذا المرسوم بقانون وتكون العقوبة الحبس مدة لا تذيد علي سنتين والغرامة التي لا تجاوز خمسمائة الف درهم او باحدي هاتين العقوبتين اذا ترتب علي الخطا الطبي الجسيم وفاة شخص وتكون العقوبة الحبس مدة لا تزيد علي سنتين والغرامة التي لا تجاوز مليون درهم اذا ارتكب الجريمة المنصوص عليها في الفقرة الاولي من هذه المادة تحت تاثير سكر او تخدير”

خاتمة

تهدف هذه العقوبات الجنائية في القانون الإماراتي إلى حماية حقوق المرضى وضمان أن يتلقوا الرعاية الطبية الآمنة والكفؤة. يتوجب على الأطباء والفرق الطبية الالتزام بأعلى معايير المهنة والسعي لتقديم الرعاية الصحية الممتازة بدون خطأ يتسبب في ضرر للمريض. تعكف السلطات الإماراتية على مراقبة ومتابعة الجودة الطبية للحد من الخطأ الطبي وضمان سلامة المرضى.

مكتب الصَفَر ومشاركوه للمحاماة والاستشارات القانونية من المكاتب ذات الخبرة الواسعة في قضايا الأخطاء الطبية، ويتميز بفهمه العميق للإجراءات القانونية المتبعة لمتابعة القضايا وتحصيل حقوق الموكلين. نحن نهتم بحقوق المرضى ونسعى لتقديم الدعم القانوني الكامل للمتضررين. لذا، لا تتردد في التواصل معنا إذا كنت بحاجة إلى المساعدة القانونية في هذا الصدد.

97144221944ext720 or +971 55 757 0842 reception@alsafarpartners.com – www.alsafarpartners.com 

Written By

Mr. Ahmed El Tawabti – Senior Legal Consultant @ Al Safar and Partners Law Firm

Commercial Contracts in the UAE: Effective Negotiation and Drafting Strategies

Commercial_contracts_in_the_UAE_Effective_Negotiation_and_Drafting_Strategies_DrAhmed_commercial_corporate_law_uae_dubai_alsafarandpartners_lawfirm

Introduction: 

In the dynamic business environment of the UAE, the negotiation and drafting of commercial contracts play a vital role in ensuring smooth transactions and safeguarding the interests of all parties involved. This article aims to provide valuable insights and actionable tips for navigating commercial contracts in the UAE. Drawing on extensive experience and expertise in corporate and commercial law, we will explore effective strategies that can empower professionals in their contract negotiations and drafting processes. By delving into the nuances of commercial contracts in the UAE, this article seeks to equip readers with the knowledge to navigate this landscape successfully.

  1. Understanding the UAE Legal Landscape: 

To effectively negotiate and draft commercial contracts in the UAE, it is essential to have a strong grasp of the local legal landscape. Familiarize yourself with the UAE Civil Code, Commercial Transactions Law, and other relevant legislation that govern contractual relationships. Consider seeking legal advice from qualified professionals who are well-versed in UAE laws to ensure compliance and mitigate risks.

  1. Tailoring Contracts to Local Customs and Culture: 

The UAE is a diverse country with a rich cultural heritage. When negotiating and drafting contracts, it is important to be mindful of local clients, practices, and sensitivities. Incorporate cultural considerations into your contracts to promote a better understanding and facilitate smoother business relationships. Respecting local norms can strengthen your position as a trusted and respectful business partner.

  1. Clarity and Specificity: 

Ambiguity in contractual terms can lead to misunderstandings and disputes. When negotiating and drafting contracts, prioritize clarity and specificity in language. Clearly define the rights, obligations, and expectations of all parties involved. Ensure that the terms are unambiguous, leaving no room for misinterpretation. Utilize concise and jargon-free language to enhance comprehension and reduce potential confusion.

  1. Consideration of Islamic Contracts: 

Given the influence of Islamic law in the UAE, it is crucial to be aware of and consider Islamic contracts when applicable. Familiarize yourself with the formats of Islamic contracts and their legal implications. This knowledge will enable you to adapt your negotiation and drafting strategies to align with Islamic principles, if necessary, and demonstrate your expertise in catering to diverse client needs.

  1. Balancing Risk Allocation: 

Commercial contracts should seek to balance the allocation of risks between the parties involved. Identify potential risks associated with the transaction and allocate them appropriately, considering the respective bargaining positions and the nature of the business relationship. This approach promotes fairness and helps build trust among parties, facilitating long-term collaborations.

  1. Compliance and Legal Due Diligence: 

Compliance with local and international laws and regulations is paramount in contract negotiation and drafting. Conduct thorough legal due diligence to ensure that all contractual provisions adhere to legal requirements. Stay updated on evolving regulatory frameworks and industry-specific guidelines to avoid any potential legal pitfalls.

  1. Dispute Resolution Mechanisms: 

Include clear and effective dispute resolution mechanisms in your contracts to address potential conflicts. Consider alternative dispute resolution methods such as arbitration or mediation, which are commonly favored in the UAE. These mechanisms can provide quicker and more cost-effective resolutions compared to traditional litigation, while maintaining confidentiality.

Conclusion: 

Successfully negotiating and drafting commercial contracts in the UAE requires a deep understanding of local laws, clients, and business practices. By incorporating these tips into your approach, you can navigate the complexities of contract negotiation and demonstrate your expertise as a reliable legal consultant. Remember, each contract is an opportunity to build strong and lasting business relationships. Emphasize clarity, fairness, and compliance, and you will position yourself as a trusted thought leader and influencer in the UAE’s dynamic business landscape.

Connect with Al Safar & Partners to explore successful commercial contracts in the UAE and fuel your organization’s prosperity. Navigate the intricacies of the dynamic business landscape, shape a future where businesses flourish. Contact us at +97144221944 ext. 720 or +971 55 763 0405, or email reception@alsafarpartners.com. Visit www.alsafarpartners.com to learn more. Drive negotiations, craft exceptional contracts, and achieve sustained growth with us.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute legal advice.

Fashionably protected: Fashion law in the U.A.E.

UAE fashion law

Dubai is back and fashion is back: insights into the legalities of the industry.

Fashion is back in Dubai and all the talented designers are blooming. And we’re not talking only about abayas, hijabs and kaftans or only about big European brands. Fashion in Dubai now goes beyond that, attracting both haute couture and prêt-à-porter.

Haute couture and retail brands are increasingly being sold online however most ladies still want to touch and try the outfits. It’s a matter of feeling the fabric – when we talk about silk, cashmere, jacquard, wool or lace, they have to meet the certain demands.

“Before registration of the trademark we need to run a comprehensive search that covers all federal trademark registrations, business names, domain names, social media accounts and websites“

Luminita Rizescu is a European lawyer and partner in Al Safar and Partners Advocates and Legal Consultants,

Our law firm is well known and our team has some of the pioneers in the industry for trademark registration. We have worked with some of the biggest European, American and Asian brands in UAE. If you are a member of fashion industry it is vitally important to understand the different types of intellectual property protection in order to protect your business and this is what makes the difference sometimes between success and failure.

Before registration of the trademark we need to run a comprehensive search that covers all federal trademark registrations, business names, domain names, social media accounts and websites – to define if there is someone already in the market using a similar mark or who could raise their rights against you.

Infringement is a breach and a violation and it can be one many types such as trademark infringement, a patent infringement or a copyright infringement. Another company can profit from your trademark without approval, using the logo or trademark of your business and you have the right to sue and request compensation for your losses from the other party.

The agreements between the designers and the event organisers and the agreements between the designers and retail shops are also very important.

Dubai welcomes many foreign brands from Europe, Asia and the USA to showcase their collections and we can assist with legislation for both franchisees and franchisers relating to the establishment of new franchised brands in the UAE.

Luminita Rizescu is a European lawyer and partner in Al Safar and Partners Advocates and Legal Consultants, providing advice to the fashion sector, corporate commercial, M&A, joint ventures, and is a wills specialist at DIFC.

Navigating the legalities of UAE real estate

Al Safar and Partners real estate Law Firm

Ensuring your property investments are secure and protected

Al Safar and Partners has more than 20 years of legal consultation experience in the UAE and beyond. The law firm has also been litigating property disputes since 2006 and the business has helped more than 4,000 individuals solve their property-related issues. Al Safar is listed among one of the top firms in the Dubai Courts for the number of cases registered.

In the real estate legal sector, Al Safar and Partners offer dispute resolution, property purchase and investment advice and well as sale and purchase services.

Real estate transactions are one of the most disputed legal issues in Dubai and Kavitha S. Panicker, Managing Partner of Al Safar and Partners, says that every measure is taken from the very beginning to avoid all future disputes. In the event that there are legal proceedings, she says that Al Safar and Partners work tirelessly and diligently to ensure that clients’ investments can be refunded with the least disruption.

“When the SPA clearly states the brand name of the property and at the time of signing the SPA that the property will be a famous brand name, on handover, if the brand name is changed, you have the right to request the court to terminate the SPA and get full refund as well as claim compensation.“

Kavitha S. Panicker, Managing Partner of Al Safar and Partners

Panicker says that the majority of real estate legal services they provide are for sale and purchase agreements (SPAs) and also, in some cases, reservation agreements.

She says that due to the UAE’s highly transparent legal system, Al Safar and Partners can often help clients terminate SPAs on contractual grounds, especially when the delivery of property is delayed. “First we would need to review the SPA. If it stipulates the date of handover for a property and the extension period but if there was no notice issued to confirm a further extension of handover date, you have the right to request the court to terminate the SPA and ask for full refund and compensation thereof,” she says.

She also says that often disputes arise when clients are misled over the size of the property they are investing in and that this needs to be accurately stipulated in the SPA. “On review of the SPA, if the floorplan signed by both parties and the value paid in accordance to the sq. ft. on handover has a difference of more than 6 per cent, and that difference is officially authenticated by the court appointed engineering expert then, in the above case, you have the right to request the court to terminate the SPA and you will receive a full refund as well as the opportunity to claim compensation,” she says.

Another area of legal dispute can arise when clients invest in hotel apartments but on handover they receive a residential unit. “If the SPA clearly states that the property is a hotel apartment and both parties have signed the agreement and there is no addendum signed by both parties agreeing otherwise, you have the right to request the court to terminate the SPA and receive a full refund,” says Panicker. She says that Al Safar and Partners will also seek compensation in such cases.

Panicker says that fraud can be a common issue with property transactions in Dubai, so her and her colleagues work to study contracts and remove any discrepancies that could present a risk to clients. She refers to situations where investors believe they are buying properties associated with famous or prestigious brands, only to discover this is not the case on handover. Yet, with proper diligence and the correct paperwork, refunds and compensation can be obtained through legal channels.

“When the SPA clearly states the brand name of the property and at the time of signing the SPA that the property will be a famous brand name, on handover, if the brand name is changed, you have the right to request the court to terminate the SPA and get full refund as well as claim compensation.”

For real estate transactions, Al Safar and Partners take care of all the documents required for the legal and governmental procedures and the various governmental approvals required with respect to the real estate/property transactions.

To learn more, contact: property.dispute@alsafarpartners.com

Successfully arbitrating disputes

Al Safar and Partners arbitration

Most international corporations in the region choose Dubai as the main seat of arbitration.

While the UAE provides some of the best and the most lucrative business opportunities to entrepreneurs all over the world, such opportunities come with their own set of disputes between employees, competitors and other corporate entities. Usually, mediation and negotiation techniques help in such matters. However, in disputes where mediation and negotiation techniques do not work, arbitration is often the most effective option being one of the less expensive ways to settle a dispute between parties.

A good legal team has to analyse the arbitration clause, which is part of the contract, and present all possible options to their clients, explaining what each option entails.

Eduard P. Nedelcu, Head of Arbitration, Al Safar and Partners

Arbitration is used as the major platform in settling real estate disputes. Depending on the jurisdiction, the disputes could be ventured either under DIAC following the UAE laws or DIFC-LCIA, following the English laws. The language of the proceedings can be at the choice of the parties, with English as the preferred language of arbitration. Many centres at the request of the parties are also able to provide arbitrators that speak the native language of the parties involved.

Due to COVID-19, there have been a lot of disputes between contractors and subcontractors with mediation and arbitration being used as a peaceful means of settlement.

The oil sector and its related activities, the parties usually prefer arbitration in their agreements to maintain the confidentiality and settle the disputes out of courts as the arbitral awards are final and binding and they are not to be contested in the court.

The financial institutions including currency trading and financial instruments opt to include in their contracts all ADR mechanisms: negotiations, mediation and arbitration, the latter being ideal due to the enforceability and confidentiality at the same time.

The investors and the investment-related agreements, whether the investment takes place in the corporate world or the real estate sector, arbitration is the favourite form of dispute resolution to ensure the confidentiality of the investors, while the proceedings are in compliance with the IBA guidelines.

It is worth mentioning that ADCAC (Abu Dhabi Arbitration Centre) is the pioneer, being not just cost effective but delivering the awards in a timely fashion, thereby concluding the disputes between the parties faster than expected.

Considering Dubai as the hub of the Middle East, most of the international corporations are choosing Dubai as the main seat of arbitration, showing a lot of trust in the UAE legal system and its practices, aimed at making investors feel at home.

To learn more, contact: arbitration@alsafarpartners.com; 
You may also send your inquiry on https://dubailawyers.ae/uae-arbitration/

Managing debt recovery in the U.A.E

Al Safar and Partners debt collection

Taking the appropriate legal steps can help avoid delays and lawsuits

Popularly known as “the land of opportunities,” the UAE is home to not just the locals but millions of expats from all over the world. To take advantage of the available opportunities, people often rely on debt in the UAE.

While creditors and debtors aim to have a mutually-rewarding relationship, there are several cases when the creditors require debt recovery services.

Be it debt recovery or negotiating debt with an individual or a company, it is important to engage a local firm which understands the UAE legal framework. In the majority of the cases, debt recovery in the UAE is an amicable process.

“In cases where an amicable outcome is not reached, legal proceedings have to be initiated.“

– Haitham Elfadaly, Head of Debt Collection & Enforcement, Al Safar and Partners

In most cases, initially a payment notice is sent to the debtors. If the debt remains unsettled, the debt collection lawyers will then contact the debtor and convey the terms of the recovery following appropriate discussions with the creditor. This follows the correct legal framework in order to accelerate the recovery of the debt. The measures are taken to ensure that the recovery process does not lead to any kind of lawsuits, and that debt is recovered as soon as possible.

What if the debtor fails to clear the debt?

In cases where an amicable outcome is not reached, legal proceedings have to be initiated. In most cases, a legal petition is filed in the UAE Courts to recover the outstanding debt. Once the petition is filed, the court will then send a demand letter to the debtor to clear the outstanding debt, along with the late payment fees, within 15 days.

If the debtor is unable to repay the debt within 15 days from receiving the demand letter from the court, a trial is initiated against the debtor. The court will then help the creditor with the debt recovery. Trials regarding debt recovery also allow the creditor to claim additional compensation.

It is important that the attorneys involved in the process are engaged with their clients at every step to ensure they can recover the debt in the most hassle-free and time-efficient manner.

What are debt buyers in the UAE?

The debt buying agencies buy outstanding debt from the creditors in the UAE. Debts that are yet to be recovered fully can be sold by creditors to such agencies for a certain percentage of the total outstanding balance. It is then the responsibility of the debt buying agency to recover the debt from the debtor.

We can help credit providers decide whether or not selling debt is the right choice for them. Our vast experience in the industry has made us well aware of the entire debt collection procedure in the UAE. Our expertise can help creditors make decisions that ensure cost-efficiency and legal compliance.

Al Safar and Partners has been in the UAE debt recovery business for a very many years. Be it fast-tracking debt recovery, filing a lawsuit, or verifying the ongoing payments, our legal experts can provide all the help you need.

If you are looking for debt collection services in the UAE, we’d like to hear from you. Contact us to know more about our services and understand how we can help.

To learn more, contact: debt.collection@alsafarpartners.com

Global Law Experts Award Al Safar and Partners Two Distinguished Titles for 2015

Al Safar ACQ Awards

DUBAI — Global Law Experts, an international recommendation service for leading law firms in the legal community, has awarded Al Safar and Partners two distinguished awards for 2015: Commercial Law Firm of the Year and the Banking and Finance Law Firm of the Year.
Senior Advocate Mrs. Kavitha Panicker, the most senior member and managing partner at the firm, is the main recipient of the Commercial Law Firm of the Year award. In addition to the Global Law Experts award, Ms. Kavitha Panicker has received additional awards in the past, most notably of which is the title of Strategic Partner, awarded to Al Safar and Partners by the Dubai Courts.

“I am so honored to have received this award from the Global Law Experts and truly could not have accomplished this feat without the help of my devoted team at Al Safar and Partners, and the support of our loyal clients,” Thanks to you All said Mrs. Panicker.

Although Al Safar and Partners provides legal services across nearly every field of law, the award of Banking and Finance Law Firm of the Year has set the firm apart among all UAE law firms as leaders in the financial law category.
Though the criteria for Global Law Experts awards vary, one of the key measurements across all fields is high rates of customer satisfaction. Additional criteria for giving awards include client testimonials, key case outcomes, legal rankings, overall reputation, publication contributions, speaking engagements, and the performance and standing of teams and individual lawyers.
Each award given by Global Law Experts compares law firms across over 140 different countries and is distributed on an annual basis. Al Safar and Partners are proud to receive these prestigious awards from Global Law Experts, and look forward to maintaining these titles through exceptional customer service and legal expertise in the years to come.


Established in 1981 by advocate Mahdi Al Safar, Al Safar & Partners has kept clients protected for 33 years as one of the top four law firms in the UAE. Al Safar & Partners has received multiple awards for cases filed in court, most recently receiving the Dubai Courts Strategic Partner award in 2013 and the ACG Full Service Law Firm of the Year award in 2015. As one of the few ISO 9001:2008 certified law firms, Al Safar & Partners acts as an international leader in the law industry and continually provides its clients with the highest quality, full service protection for all law-related interactions.